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we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick aro
we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you...
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Dec 7, 2012
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chuck schumer whose own home state of new york was hit hard by sandy, pointed out the irony of the request. it doesn't come at an oper tune time. will christie's move hurt his party or not? good to see both of you. let me ask you because i don't know you spoke early on about how well you thought you thought chris christie handled this storm, politically and every other way and now asking for federal funding and republicans trying to cut spending. is he hurting his own party in. >> i think whether you're a republican or democratic governor, you want to secure money from people who are not your own taxpayers but federal taxpayers. that's just a classic move. now, is he -- >> human nature, i guess. >> it sure is. is it undermining republicans in congress? it probably is. but frankly he's looking out for his own political future and really the only option. new jersey is in a very tight fiscal situation. partly because they have a balanced budget requirement. this is had a huge impact on the state economy. frankly, i think you see more situatictuations in which the governors are pitted against
chuck schumer whose own home state of new york was hit hard by sandy, pointed out the irony of the request. it doesn't come at an oper tune time. will christie's move hurt his party or not? good to see both of you. let me ask you because i don't know you spoke early on about how well you thought you thought chris christie handled this storm, politically and every other way and now asking for federal funding and republicans trying to cut spending. is he hurting his own party in. >> i think...
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Dec 7, 2012
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we've had sandy, and we have all of this debate going on over the fiscal cliff, that's driving us all crazy, right? >> yes, it is. >> and what it's also doing is that it has gotten the corporate seblgtor in a position where they're not vin investing. they're waiting to see what's happening. nonetheless, we're still creating jobs. if you take into consideration the fact that we have those things, those neglect factors in at the same time regenerating jobs, and that means that there's a significant potential for the economy to grow. >> is it possible that this whole debate and the fiscal cliff, whether or not we go over it or not, would bakt how many people are working the next year? >> it will definitely impact, but i think what the numbers are telling us and what we've seen for the last couple of months is that the affect will not be as great as most people are predicting. you know, we kind of got this y2k kifr syndrome that's going on. it will certainly have an affect, but it also means that we can -- we're in a position to really craft a real comprehensive way to -- >> are these goo
we've had sandy, and we have all of this debate going on over the fiscal cliff, that's driving us all crazy, right? >> yes, it is. >> and what it's also doing is that it has gotten the corporate seblgtor in a position where they're not vin investing. they're waiting to see what's happening. nonetheless, we're still creating jobs. if you take into consideration the fact that we have those things, those neglect factors in at the same time regenerating jobs, and that means that there's...
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Dec 7, 2012
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except for sandy, jobs would have been doing better, and sandy is seen as a temporary factor. >>> another usual factor, the layoffs and strikes from hostess. hostess filed for bankruptcy last month. want to bring you up to speed on facebook. facebook moving up. the social network will be listed on the nasdaq 100 next week and could be added to the s&p 500 very soon. shares are down nearly 30% since the ipo. but with the market value about $60 billion, it would rank among the top 50 largest companies. one economist says the move is imminent. when it moves into an index like that, portfolio managers and fund managers buy it, because many of them have funds that track the s&p 500. >> how do you feel about that jobs report? . . >> i would like to see a triple digit number, but i don't think we'll see it because of sandy, end of the year, companies are nervous. >>> we're watching a developing story in egypt where protests in the streets are expected against the country's president again. we are live from cairo after a quick break. >>> and rescue. a woman saved after police say her ex-husband t
except for sandy, jobs would have been doing better, and sandy is seen as a temporary factor. >>> another usual factor, the layoffs and strikes from hostess. hostess filed for bankruptcy last month. want to bring you up to speed on facebook. facebook moving up. the social network will be listed on the nasdaq 100 next week and could be added to the s&p 500 very soon. shares are down nearly 30% since the ipo. but with the market value about $60 billion, it would rank among the top 50...
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he's lobbying for more federal dollars for superstorm sandy recovery. new jersey governor estimates the storm did some $37 billion damage to his state. cameras were rolling as we caught the governor arriving at the white house this morning. and then he headed to capitol hill to meet with members of congress. >> good morning. >> going home, guys. see you later. >> aid for state, considering the fiscal cliff and this budget crisis we're in right now? >> heading home now, guys. not taking questions today. >> heading home now, he says. story's very personal for one teenager. back home, who faces the impact of superstorm sandy everywhere he turns. he saved his family when that storm hit. he lost his home. and his school. but he hasn't lost his spirit. poppy harlow spent a day with ryan panetta in the broad channel neighborhood in new york. this is queens. take a look. >> reporter: the sun isn't up at breakfast time for the panettas. how tired are you? >> very. >> reporter: they're living in a borrowed one-bedroom apartment with their parents. how long is you
he's lobbying for more federal dollars for superstorm sandy recovery. new jersey governor estimates the storm did some $37 billion damage to his state. cameras were rolling as we caught the governor arriving at the white house this morning. and then he headed to capitol hill to meet with members of congress. >> good morning. >> going home, guys. see you later. >> aid for state, considering the fiscal cliff and this budget crisis we're in right now? >> heading home now,...
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Dec 7, 2012
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why is that not considered sandy related? >> it is weird because there are two different surveys when you look at these jobs numbers. one comes from the businesses. the businesses, they take that survey, november 12th, and the businesses are for the job creation number. the other survey is called a household survey. that's how we determine the unemployment rate. and part of that household survey is did you look for a job last week, yes, no, and why not? so a lot of people said weather related. when i was digging into the numbers, i said a normal november, weather related, about 60,000, here we had 300,000, that's one of the reasons we saw the unemployment rate go down. look, i want to feel good about the unemployment rate being low, but 7.7% happened because fewer people were part of the labor force. that's not the right reason that we wanted to see the jobless rate go down. >> absolutely. and i want to read you something that paul krugman wrote in the new york times earlier this week. he said, long-term unemployment remains
why is that not considered sandy related? >> it is weird because there are two different surveys when you look at these jobs numbers. one comes from the businesses. the businesses, they take that survey, november 12th, and the businesses are for the job creation number. the other survey is called a household survey. that's how we determine the unemployment rate. and part of that household survey is did you look for a job last week, yes, no, and why not? so a lot of people said weather...
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Dec 6, 2012
12/12
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sandy. it looks like those are coming down again. the big jobs report will be tomorrow, which will give us the real gauge of what's happen iin here. they expect only 77,000 jobs added. and the unemployment rate, they think, will tick back up to 8%. 77,000. why? because of superstorm sandy. you didn't have hiring, people getting jobs in the northeast because during that time the last month or so. >> jack welch right now, they went up after the election. >> those chicago people. >>> all morning we've been following major developments in both syria, in egypt and syria there are new fears that they could unleash nerve gas on some of the rebels. that's a report from nbc news, that syria is loading the component chemicals. cnn has not confirmed that report yet. egypt, protoasters have started to gather outside the presidential palace in cairo. lots of anger building after the new president gave himself extra powers. the protests were very violent last night. the clashes killed at least five people
sandy. it looks like those are coming down again. the big jobs report will be tomorrow, which will give us the real gauge of what's happen iin here. they expect only 77,000 jobs added. and the unemployment rate, they think, will tick back up to 8%. 77,000. why? because of superstorm sandy. you didn't have hiring, people getting jobs in the northeast because during that time the last month or so. >> jack welch right now, they went up after the election. >> those chicago people....
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. >> hurricane sandy victims are still in the cold. are lawmakerssing the super storm to push the green agenda storm to push the green agenda and push you to pay more. can i help you? i heard you guys can ship ground for less than the ups store. that's right. ie learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you know how painful heartburn can be. for fast, long laing relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. at legalzoom, we've created a betteplace to hane your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer
. >> hurricane sandy victims are still in the cold. are lawmakerssing the super storm to push the green agenda storm to push the green agenda and push you to pay more. can i help you? i heard you guys can ship ground for less than the ups store. that's right. ie learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you know how...
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Dec 3, 2012
12/12
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even with freakish weather, sandy the latest, we are not talking much about climate change and sandy brought us flooding in new york city and a blizzard in west virginia. yet, many politicians believe the pattern of extreme weather is natural. arizona's republican governor jan brewer among them. >> everybody has an opinion on it. you know? and, you know, i probably don't believe it's manmade. i believe that, you know, whether in certain elements are controlled maybe by different things. >> it's no doubt a hot button after we found out after ask the govern nor. >> why in the hell did that question come from? >> well, the reporter asked brewer that because she was just about to go in to the western governor's association to talk about energy. bill nye the science guy is here to talk about climate change. hi, bill. >> greetings. >> greetings. >> carol. >> when you hear -- when you hear jan brewer, you say -- >> well, we as science educators have a lot of work to do. climate change is caused by people and there's new find where the ice sheets are melting faster than anybody expected. sea
even with freakish weather, sandy the latest, we are not talking much about climate change and sandy brought us flooding in new york city and a blizzard in west virginia. yet, many politicians believe the pattern of extreme weather is natural. arizona's republican governor jan brewer among them. >> everybody has an opinion on it. you know? and, you know, i probably don't believe it's manmade. i believe that, you know, whether in certain elements are controlled maybe by different things....
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Dec 4, 2012
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a little bit of that was the replacement of cars from superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies listed very often they performed really badly amid accounting issues as well. the sec taking aim at the accountants. >> all right, steve. >> actually, the london markets today are going to be crazy. when you talk to steve about that. >> out of hand. >> a lot of big news going on over there. >> yeah. i'm sort of -- >> popping, explode. >> i don't know how i feel about reporting on these things. >> then let me do it. it's official, kate middleton, the duchess of cambridge is pregnant. they went public with the news yesterday earlier than they wanted to because kate wa
a little bit of that was the replacement of cars from superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies...
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Dec 6, 2012
12/12
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it actually blamed the fiscal cliff in part, as well as super storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game company wants to become a real poker company. let's bring in julia boorstin with more on this zynga story. seems like if they get it, a completely transformative thing. >> it would be transformative and zynga's definitely pushing forward with its plans to eventually make money from online gambling but the key thing here is that this is really a ways off. the stock soared as much as 9% higher this morning after it came out that zynga applied for rea
it actually blamed the fiscal cliff in part, as well as super storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally,...
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Dec 6, 2012
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and for the first time in several weeks, the effects of superstorm sandy largely ruled out. the four-week average at 408,000 is still elevated. most of the year we have seen claims around that 370,000 to 375,000 level which suggests modest growth. we get the november employment growth tomorrow. that's a key factor although again sandy will distort the numbers. >>> flat start on wall street. investors still looking for some progress. dow down 1, nasdaq down 1, s&p down 1, as well. apple shares down 1.25%. back to you. >> it's 1s across the board. thank you. >>> the new reality in washington state recreational use of marijuana is now legal. hundreds of people showed up at the space needle to celebrate at midnight. voters approved the law last month. adults can now possess up to an ounce of pot. but growing and selling it is still a crime. colorado by the way also legalized recreational use of marijuana but that amendment won't take effect until the governor proclaims that it passed. >>> just two years after arriving in the bay area, the "fresh & easy" market chain could be goi
and for the first time in several weeks, the effects of superstorm sandy largely ruled out. the four-week average at 408,000 is still elevated. most of the year we have seen claims around that 370,000 to 375,000 level which suggests modest growth. we get the november employment growth tomorrow. that's a key factor although again sandy will distort the numbers. >>> flat start on wall street. investors still looking for some progress. dow down 1, nasdaq down 1, s&p down 1, as well....
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Dec 7, 2012
12/12
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it is a sign all of the effects from superstorm sandy have faded. on wall street today, still looking for a compromise to avoid the so-called fiscal cliff. the dow is up 39 to 13,074. the nasdaq is up 15 at 2,989. the s&p is up 4 at 1,413. >>> 360,000 californians will lose long term jobless benefits in three weeks if congress doesn't take action. today senators unveiled their pitch to extend unemployment insurance in 2013. it provides support after state help runs out. >> these are families. families. who depend on these benefits. benefits not an entitlement, they earned the benefits. >> some opponents say the aid should lapse because it discouraging people from looking for work. coming up a warning for the secretary of -- from the secretary offense defense. the jobs on the chopping block in california. >>> a woman who was missing for six days was found last night. paula lane is hospitalized tonight. her boyfriend did not survive. live in nevada where the family is keeping watch tonight. how is she doing? >> reporter: she is recovering tonight here
it is a sign all of the effects from superstorm sandy have faded. on wall street today, still looking for a compromise to avoid the so-called fiscal cliff. the dow is up 39 to 13,074. the nasdaq is up 15 at 2,989. the s&p is up 4 at 1,413. >>> 360,000 californians will lose long term jobless benefits in three weeks if congress doesn't take action. today senators unveiled their pitch to extend unemployment insurance in 2013. it provides support after state help runs out. >>...
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Dec 6, 2012
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. >>> superstorm sandy and the "fiscal cliff." a lot of factors could shake up tomorrow's jobs report. we'll have a preview coming up. >> and it looked like new year's eve in seattle. pot smokers light up in celebration of washington's new law but it comes with some limitations. ,,,,,,,,,, ,,,,,,,,,, ♪[ music ] >>> the music world is mourning the death of jazz pioneer dave brubeck who died yesterday of heart failure on the way to a hospital for a scheduled check- up. he was born 92 years ago today. and he was born in concord over in the east bay. you might remember him for his jazz hits including the biggie "take five." >> what you might not know is that brubeck learned the piano from his mother and after leading an army band during world war ii he studied at mills college in oakland. >> i didn't know he was from the bay area. >>> just in from the labor department, new jobless claims fell sharply from a week ago as disruptions blamed on superstorm sandy diminished. new claims dropped by 25,000 last week to 370,000. that's fewer
. >>> superstorm sandy and the "fiscal cliff." a lot of factors could shake up tomorrow's jobs report. we'll have a preview coming up. >> and it looked like new year's eve in seattle. pot smokers light up in celebration of washington's new law but it comes with some limitations. ,,,,,,,,,, ,,,,,,,,,, ♪[ music ] >>> the music world is mourning the death of jazz pioneer dave brubeck who died yesterday of heart failure on the way to a hospital for a scheduled...
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using sandy, a lot of problems that were, you know, brought to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lot of issues that we might want to tackle before we talk about climate change related to sdy. neil: when you spend money to address a problem, you need money to address the problem. >> great point. neil: i wonder whether you believe climate change, warming, manmade or not, but they force the issue. i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a consequence of the election. all the other stuff is a leap. >> there's -- >> as far as what you leverage off. winning by a couple points does not turn into a mandate that everybody's behavior in how they consume energy sign up for changing that, increased energy prices,
using sandy, a lot of problems that were, you know, brought to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lot of issues that we might want to tackle before we talk about climate change related to sdy. neil: when you spend money to address a problem, you need money to...
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this year, many of those letters are coming from hurricane sandy victims. jenna is back with more. >> hey, willie. the letters are addressed to santa, just "dear santa" and some of them really show what a tough year it's been for many kids. the letters begin with a passionate "dear santa." >> i'm 11 years old and been really good this year. >> reporter: what follows are often emotional requests from model cars to miracles. >> what i really want is that you return my mom's health so she won't be sick anymore. >> reporter: each holiday season hundreds of thousands of letters are sent from across the country addressed to, well, to santa claus and for 100 years now fulfilling some of those wishes has been a tradition of the u.s. post office. >> this area is where we send the gifts out. >> reporter: keith fontana is keafe elf of "operation santa" at new york's main post office where last year some 500,000 letters to old st. nick came through. there are thousands of letters here. >> there's roughly about 700, 800 to each tray. >> and this is all letters to santa
this year, many of those letters are coming from hurricane sandy victims. jenna is back with more. >> hey, willie. the letters are addressed to santa, just "dear santa" and some of them really show what a tough year it's been for many kids. the letters begin with a passionate "dear santa." >> i'm 11 years old and been really good this year. >> reporter: what follows are often emotional requests from model cars to miracles. >> what i really want is...
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Dec 7, 2012
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the fallout from hurricane sandy is continuing to disrupt businesses and their hiring and fear of the fiscal cliff is keeping employers from bringing on new workers. they don't know what future tax rates will be and if they can afford more hiring. but on capitol hill democrats are trying to highlight the positives. >> we had a little problem because of what happened with hurricane sandy but we'll still have about 100,000 new jobs. >> reporter: the report comes out in just 15 minutes. we'll show you who is hiring and who is not. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> time now 5:15. fundraising records were shattered by both president obama and mitt romney during their campaigns. they raised more than $2 billion. campaign finance records show the president raised $1.1 billion for his reelection effort. his republican challenger mitt romney was close behind. $1.1billion. now the record setting amounts don't include the hundreds of millions sent by super packs on ads. >>> it was called the zombie apocalypse. why this simulation at a homeland security ar
the fallout from hurricane sandy is continuing to disrupt businesses and their hiring and fear of the fiscal cliff is keeping employers from bringing on new workers. they don't know what future tax rates will be and if they can afford more hiring. but on capitol hill democrats are trying to highlight the positives. >> we had a little problem because of what happened with hurricane sandy but we'll still have about 100,000 new jobs. >> reporter: the report comes out in just 15...
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Dec 5, 2012
12/12
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it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again.at but a big drop in apple shares kept the nasdaq fromains.. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. that number blows away the initial estimate of 1.9%. erika miller takes a closer look at how technology is helping to boo
it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom:...
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Dec 6, 2012
12/12
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two of them released their estimates of how much hurricane sandy will cost them. travelers figures the storm will cost it $650 million. hartford pegged its storm losses as high as $350 million. analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales, the stock rallied. shares jumped 1.9% on heavier than usual volume. while the breast cancer drug tests were positive, any regulatory approval wouldn't happen for at least a couple of years. three of the five most actively traded exchange traded products were up. the financial e.t.f. had the best gains, up 1.2%. and that's tonight's "market focus." >> susie: a tough day for investors in freeport mcmoran. the stock plunged 16% on news that the mining company is buying two oil and gas producers. it's paying $9 billion for plains exploration and production company and mcmoran e
two of them released their estimates of how much hurricane sandy will cost them. travelers figures the storm will cost it $650 million. hartford pegged its storm losses as high as $350 million. analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales,...
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Dec 4, 2012
12/12
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cuomo says his state will need billions of dollars of assistance to build and repair after super storm sandy. john? >>> the first jobs report comes out since the election. far from the east coast, one midwestern community has positive thoughts about their community. largely because of the landscape developing at an astonishing speed. >>> the pioneer spirit is burning brightly. much of it occurs in a few small neighborhoods. >> i can go local. >>> mike farmer is the ceo of leap 2. a company with a highly advanced mobile search app. >> people stop by the office every day. it's fascinating. >> that must feel pretty good. >> yeah, it does. >> one big reason these companies are clustering here is that google chose this neighborhood to launch its much anticipated super high speed internet connection. 100 times faster than most internet links, google fiber allows massive video data and graphic files to move at astonishing speed, permitting development of whole new applications. >> this is exactly what you wanted. >> that's exactly it. we wanted local entrepreneurs to take advantage of the faster sp
cuomo says his state will need billions of dollars of assistance to build and repair after super storm sandy. john? >>> the first jobs report comes out since the election. far from the east coast, one midwestern community has positive thoughts about their community. largely because of the landscape developing at an astonishing speed. >>> the pioneer spirit is burning brightly. much of it occurs in a few small neighborhoods. >> i can go local. >>> mike farmer is...
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Dec 7, 2012
12/12
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governor chris christie is making a personal plea for federal disaster aid in the wake of hurricane sandy. the republican governor paid an unannounced visit to the white house to ask the president for $83 billion in aid for new jersey, new york and connecticut. he also met with members of congress. it was their first meeting since touring new jersey disaster areas in late october. >>> tea party leader and some say gop king-maker, senator jim demint of south carolina, is stepping down from congress, this happening on january 1st. demint will become head of the heritage foundation. that's a conservative think tank with an $80 million-a-year budget. demint is just two years into a second six-year term, and south carolina governor nikki haley will appoint his successor. >>> so, 2012 was officially the most expensive election in american political history. the final reports show that spending on the campaign broke the $2 billion landmark and milestone in its final weeks, helping set the record. las vegas casino mogul sheldon adelson and his wife poured more than $95 million into super politica
governor chris christie is making a personal plea for federal disaster aid in the wake of hurricane sandy. the republican governor paid an unannounced visit to the white house to ask the president for $83 billion in aid for new jersey, new york and connecticut. he also met with members of congress. it was their first meeting since touring new jersey disaster areas in late october. >>> tea party leader and some say gop king-maker, senator jim demint of south carolina, is stepping down...
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and sandy victims facing devastation one month later, so is this any time for the united nations to be using them as a fund raising tool? the cavuto gang is all over that one at the bottom of the hour. hour. up here first, forget fees in this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, theirrother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list agn? ho ho ho! let me guess, am on the naughty list agn? music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people look
and sandy victims facing devastation one month later, so is this any time for the united nations to be using them as a fund raising tool? the cavuto gang is all over that one at the bottom of the hour. hour. up here first, forget fees in this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, theirrother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells,...
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Dec 8, 2012
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this to look forward to. ♪ i got a little plan to you ♪ let's do a little dance we do ♪ >> danny and sandy together again, teaming up for a new christmas album, a firsthand this music video is any indication, let's just say it will be one of a kind. and that's the week that was. >>> when traveling to other cities and countries, the best way to get a real taste of the place is, of course, through the local food. cnn's i-report has now teamed up with "travel & leisure" magazine to create a global list of 100 places to eat like a local. >> reporter: i'm dan rivers in bangkok, and when i want to eat local on a rainy afternoon, there's nothing better than wong lee. they do amazing seafood here. fancy eating that. and rice, what else would you suggest? do you have any prawns? my favorite dish is the crispy pork. how do you get the pork so crispy? >> leave it one hour and then we clean with water and then make it dry first and then fry in many oil. this soup here very famous. >> yeah, lemon grass and mushroom and lemon. >> mm-hmm. >> and a little bit of milk. >> and it's quite spicy as well. >> s
this to look forward to. ♪ i got a little plan to you ♪ let's do a little dance we do ♪ >> danny and sandy together again, teaming up for a new christmas album, a firsthand this music video is any indication, let's just say it will be one of a kind. and that's the week that was. >>> when traveling to other cities and countries, the best way to get a real taste of the place is, of course, through the local food. cnn's i-report has now teamed up with "travel &...
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Dec 5, 2012
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. >>> lawmakers are listening to responses of superstorm sandy. they are going to demand more funds for the cleanup. this is the third of four hearings scheduled. >>> and in houston, a history making mission to the international space station. scott kelly, the american astronaut, will speak about his next launch. if all goes as planned, it will set the longest record for a space mission for an american. we'll see what he's saying. "newsroom" starts right now. >>> good morning. thank you so much for being with us. i'm carol costello. this should be interesting. speaker john boehner is meeting with house republicans who are angry at his new pitch to raise 8$800 million in fiscal cliff negotiations. we're expecting a news conference any minute now on that meeting. we'll bring it to you live. nancy pelosi spoke about it a few hours ago. here's what she had to say. >> i would hope that that would break the fall on the cliff, which is becoming more of a soil if they do that but really, we do need to put a down payment, not just in revenues which passing
. >>> lawmakers are listening to responses of superstorm sandy. they are going to demand more funds for the cleanup. this is the third of four hearings scheduled. >>> and in houston, a history making mission to the international space station. scott kelly, the american astronaut, will speak about his next launch. if all goes as planned, it will set the longest record for a space mission for an american. we'll see what he's saying. "newsroom" starts right now....
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Dec 3, 2012
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now we are about to make the same mistakes with respect to the clean up of sandy that we made when we wasted tens of millions with katrina. i am radical on this. my feeling is if we are going to help the victims, give the money to the victims. or to the salvation army or the red cross or the kinds of institutions we know are providing the real help. do not give it to the politics and the state. that is a middle class taking away 10 percent or 20 percent of the money. >>neil: who gave charlie for the money, i an herery of charlie, in had case, sam, uncle sam. how close to the $42 billion will the governor get or a comparable sum that the governors of new jersey and connecticut are looking at? >>guest: they will get almost all of it. when does congress say know to any of the people? our hearts bleed for the people who lost their homes to the terrible storm so you have the victims, they will put them on tv and say you got to give us the hundred and that brings me to a second point. if we are going to give, it will probably be well over $50 billion, why not have a policy when we have a cr
now we are about to make the same mistakes with respect to the clean up of sandy that we made when we wasted tens of millions with katrina. i am radical on this. my feeling is if we are going to help the victims, give the money to the victims. or to the salvation army or the red cross or the kinds of institutions we know are providing the real help. do not give it to the politics and the state. that is a middle class taking away 10 percent or 20 percent of the money. >>neil: who gave...
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Dec 7, 2012
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you didn't see a real pullback because of sandy in the numbers. maybe that will come in next month. look at the unemployment rate on the right there. 14.4%. the real unemployment. people that are working part time, want to be working full time, people out of work. >> by the way, that unemployment number, real unemployment number, is the same one we have low unemployment, too. when we low unemployment, it is actually high when you get the real numbers. >> these are the sectors we are flipping through. 43,000 jobs created. anyone trying to get your kid in college, government pointed out computer systems analysts and related fields very strong demand. that fits in that professional business services. good pay in that field. let's talk about the breakdown of race. african-american unemployment went down a little bit. 13.2%. >> still way too high. >> notice the disparities between the worker groups are still a problem. structural problems there. but the african-american unemployment rate went down and that's the trend. we have two years and change now of -- month after month of solid job
you didn't see a real pullback because of sandy in the numbers. maybe that will come in next month. look at the unemployment rate on the right there. 14.4%. the real unemployment. people that are working part time, want to be working full time, people out of work. >> by the way, that unemployment number, real unemployment number, is the same one we have low unemployment, too. when we low unemployment, it is actually high when you get the real numbers. >> these are the sectors we are...
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Dec 2, 2012
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and you just have been really busy during sandy. you responded to sandy and you rally have been helping the folks on long island out it near and dear to your heart. they all are, but this is really near and dear to your heart. >> i did grow up in long island. and it was amazing to see the storm surge and the wind that struck long island. we were literally just opening up roads for a week and a half, which is a long time, just to create access to communities. so the storm there was very powerful. we were able to clear roads and help ambulances get to people's homes and get people in need to the hospitals. we were able to power up critical buildings and do a lot more obviously. and it is just amazing to see such a powerful storm hit such a highly populated area. we don't usually see something like that happen. >> no, i've seen -- i saw the same thing when i was right in the middle of katrina. i understand exactly what you're talking about. it is something to see and behold but also the human spirit during those things is something to
and you just have been really busy during sandy. you responded to sandy and you rally have been helping the folks on long island out it near and dear to your heart. they all are, but this is really near and dear to your heart. >> i did grow up in long island. and it was amazing to see the storm surge and the wind that struck long island. we were literally just opening up roads for a week and a half, which is a long time, just to create access to communities. so the storm there was very...
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Dec 7, 2012
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now economists thought the fallout from hurricane sandy would play a big role the labor department says it really didn't effect hiring. as for fiscal cliff fears would keep businesses from around the country from hiring that does not seem to be the case. either more than half of the jobs added last month came in retail and health care. the jobs were lost in construction and manufacturing. we're working now to get reaction from the white house and members of congress and hope to have that for you during my next update. reporting live from washington, d.c. alison burns. >>> time now 6:17. another story about controversial comedian katt williams. he has more legal problems after announcing he has unreported. an arrest warrant has been issued for katt williams. chp claims williams almost ran down five people when he drove his motorcycle on to a sidewalk. katt williams also failed to show up at an arraignment in seattle to face charges he hit a man with microphone and threw chairs at fans. despite all the controversy williams managers say he's not retiring and will continue with his nation-w
now economists thought the fallout from hurricane sandy would play a big role the labor department says it really didn't effect hiring. as for fiscal cliff fears would keep businesses from around the country from hiring that does not seem to be the case. either more than half of the jobs added last month came in retail and health care. the jobs were lost in construction and manufacturing. we're working now to get reaction from the white house and members of congress and hope to have that for...
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Dec 7, 2012
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house yesterday, making his case to president obama to get more federal aid for victims of hurricane sandy. president obama's expected to ask congress for an additional $50 billion to help states hit by the october storm, but christie says sandy will cost new jersey alone up to $37 billion. new york governor andrew cuomo and new york city mayor michael bloomberg also made similar trips to d.c. recently to push for more federal support. >>> after a delay noted by none other than "the new york times's" maureen dowd, secretary of state hillary clinton is coming to the defense of u.n. ambassador susan rice, calling her a stalwart colleague. rice is seen as a top pick to succeed clinton in the state department, but is under attack by republicans who accuse her of misleading the public in the aftermath of the september 11th attacks at the u.s. consulate in benghazi. >> and it's important to remember what susan said was based on the information that had been given to every senior official in our administration, and she made very clear in her appearances that the information was subject to change
house yesterday, making his case to president obama to get more federal aid for victims of hurricane sandy. president obama's expected to ask congress for an additional $50 billion to help states hit by the october storm, but christie says sandy will cost new jersey alone up to $37 billion. new york governor andrew cuomo and new york city mayor michael bloomberg also made similar trips to d.c. recently to push for more federal support. >>> after a delay noted by none other than...
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Dec 3, 2012
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how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that are on average 11.1 years of age that are really driving car sales. in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from the manufacturer's financing arms out there, as well. th
how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that...
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Dec 8, 2012
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. >>> president obama asking congress for billions in relief after super storm sandy but is it enough to cover all the damage? we'll tell you how much he's asking for. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. and the active ingredient relieves your cough. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get hap
. >>> president obama asking congress for billions in relief after super storm sandy but is it enough to cover all the damage? we'll tell you how much he's asking for. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows....
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Dec 6, 2012
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a brave young boy who lost his home and his school in hurricane sandy. well, he is now talking about coping with life. >> when something brings you down, you got to get up. >> you okay, buddy? >>> one family is doing more than a lot after the tragedy that destroyed tens of thousands of homes on the east coast. [ wh] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in ne
a brave young boy who lost his home and his school in hurricane sandy. well, he is now talking about coping with life. >> when something brings you down, you got to get up. >> you okay, buddy? >>> one family is doing more than a lot after the tragedy that destroyed tens of thousands of homes on the east coast. [ wh] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [...
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Dec 7, 2012
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>>pam: the aftermath of hurricane sandy is driving business in washington today. as the senate meets to talk about the storm's impact on transportation, the push for state aid continues from high-profile advocates. emily schmidt has more from washington. >> it didn't take long to see hurricane sandy's damage was bad. now--- officials are beginning to say just how bad. the numbers emerged at one capitol hill hearing after >> fema has provided over 14 million meals, over 16 million liters of water, over 1.6 million blankets, and over 100,000 tarps. >> hundreds of thousands of families have had to go from their homes. >> one subway station, south ferry, is going to cost over 500 million dollars-- nearly 600 million --to repair. >> families impacted by the storm say it's been a huge blow. >> it doesn't feel like new york, i feel like i am in a third world country right now >> so the governors of two states hard hit by sandy are taking their case to washington: new jersey governor chris christie meeting with white house and capitol hill officials thursday. new york gov
>>pam: the aftermath of hurricane sandy is driving business in washington today. as the senate meets to talk about the storm's impact on transportation, the push for state aid continues from high-profile advocates. emily schmidt has more from washington. >> it didn't take long to see hurricane sandy's damage was bad. now--- officials are beginning to say just how bad. the numbers emerged at one capitol hill hearing after >> fema has provided over 14 million meals, over 16...
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what are they celebrating, remember that they have not fallen to level that prevailed before hurricane sandy. what is more, there are few if any indications they will get that that neck of t woods any time soon. big layoffs at citigroup, what is that 11,000? lingering fallout from thousands of jobs lost at hostess. all i'm saying is, when you look at this news, and it still interpreted as good, only make me thing, that mainstream media is stillushing for the president or democrats. well, the guy got reelected. you don't have to pretend any more, it upsets me, tye young, what do you make of this. >> neil thank you, we have wall street ling people off, main street laying people off, market flat lining up and down one week to the next. just like it was before it crashed in 28, unemploymt number 7 .9% that is very high, real unemployment maybe is almost 17%, and the washington post tells us that ignore it because of hurricane sandy, that is ridiculous. my clients are business owners, they tell me that the cost of living and cost of doing business is going up, t availabilityf business loans is no
what are they celebrating, remember that they have not fallen to level that prevailed before hurricane sandy. what is more, there are few if any indications they will get that that neck of t woods any time soon. big layoffs at citigroup, what is that 11,000? lingering fallout from thousands of jobs lost at hostess. all i'm saying is, when you look at this news, and it still interpreted as good, only make me thing, that mainstream media is stillushing for the president or democrats. well, the...
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Dec 7, 2012
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sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are -- >> lowest unemployment rate since december '08. 7.7%. that's the unemployment rate. surprise there. i'm going to listen to the jobs part of it. >> that is unexpected. we were expecting the unemployment rate to go to 8.0, from 7.9 to 8.0. it's gone the other direction. >> 146,000 jobs created. >> double than what was expected. >> diane s wochlswonk, chief ec. 7.7% is the unemployment rate, 146,000 jobs that have been added. the estimates were completely off. what are the implications of these numbers? >> well, certainly it's reass
sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are...
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Dec 8, 2012
12/12
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ish
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table...
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Dec 3, 2012
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governor cuomo said new york needs more than $40 billion to help clean up the damage caused by superstorm sandy and then potentially to prepare for future storms. >>> at least 49 elementary school students and adults had to be rushed to an atlanta hospital today because of a carbon monoxide leak. here is the thing. firefighters discovered the highest levels they have ever recorded of the deadly gas near the school's furnace. listen to the firefighter. >> obviously with carbon monoxide, the danger is going to be an affix ant, it could stop people from breathing. these children have been in the classroom since 7:30. our readings in the classroom were not quite as high as our reading at 1700 was near the actual furnace area. >> want to bring in george howell here. you brought in what i can only presume is a carbon monoxide detector. tell me about it and were there any of these in the school? >> this say professional carbon monoxide detector. this is what we use here at the cnn center. this will run you a couple thousand dollars. couple thousand of dollars for this. it is important to check. but fo
governor cuomo said new york needs more than $40 billion to help clean up the damage caused by superstorm sandy and then potentially to prepare for future storms. >>> at least 49 elementary school students and adults had to be rushed to an atlanta hospital today because of a carbon monoxide leak. here is the thing. firefighters discovered the highest levels they have ever recorded of the deadly gas near the school's furnace. listen to the firefighter. >> obviously with carbon...
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Dec 7, 2012
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did superstorm sandy deliver a hit to hiring. >>> the duchess of cbridge is discharged from the london hospital where she was treated for morning sickness april and for the first time one of kate's relatives is talking about her pregnancy. >> what is your reaction about the news to duchess of cambridge. >> how do you know i'm not a radio station? >> this is the "cbs morning news" for friday, december 7, 2012. >>> good morning. good to be with you. i'm terrell brown. a strong earthquake hit northeastern japan this morning, the magnitude 7.3 quake struck in the early evening in the same area that suffered a powerful quake and tsunami last year. a tsunami warning has been issued. residents have been told to move to higher ground. the fukushima nuclear plant has not been damaged. the quake was felt as far south as tokyo. lucy craft is in tokyo. what can you tell us? >> reporter: no reports of damage or injury. it's still way too early. we have a tsunami warning. the tide is about three feet or two meters or one meter, i should say. very interesting, this time the warnings came very "fast a
did superstorm sandy deliver a hit to hiring. >>> the duchess of cbridge is discharged from the london hospital where she was treated for morning sickness april and for the first time one of kate's relatives is talking about her pregnancy. >> what is your reaction about the news to duchess of cambridge. >> how do you know i'm not a radio station? >> this is the "cbs morning news" for friday, december 7, 2012. >>> good morning. good to be with you....